TopBuild Q4 sales up 1.7% to $1.29B; adjusted EPS $4.69; guides 2024 sales $5.36-$5.56B

TopBuild Corp

2023-FY EPS reported $19.33 revenue$5,194,694,000

Q4 revenue $1.286B (+1.7% YoY); gross margin 30.4% (+70 bps); adjusted EBITDA margin 19.6% (+80 bps).
Full-year revenue $5.195B (+3.7%); gross margin 30.9% (+120 bps); adjusted EBITDA margin 20.2% (+140 bps).
Q4 adjusted diluted EPS $4.69 (+6.6%); FY adjusted diluted EPS $19.73 (+15.3%).
2024 outlook: sales $5.36B-$5.56B; adjusted EBITDA $1.04B-$1.13B; expects mid-single-digit growth in each end market.
Acquired four insulation firms in 2023 (~$173M annual revenue); YTD 2024 added Brabble, Morris Black & Sons, and Pest Control Insulation.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TopBuild Corp reported 2024 results: revenue Sales $ 5,360 $ 5,560. Guidance initiated.

Period: 2024
Revenue: Sales $ 5,360 $ 5,560
Guidance: initiated
Result: guidance update

Exact text from the filing

to again demonstrate the unique advantages of our operating model and take advantage of our multiple avenues for growth.” ROBERT BUCK, PRESIDENT & CEO, TOPBUILD Sales $ 5,360 $ 5,560 Adjusted EBITDA* $ 1,040 $ 1,130 *See table for adjusted EBITDA reconciliation. 2024 Assumptions Residential Revenue Mid Single

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TopBuild Corp reported the quarter ended December 31, 2023 results: net income Net Income $146,382, EPS Net Income per diluted share $4.60. Guidance initiated.

Period: the quarter ended December 31, 2023
Net income: Net Income $146,382
EPS: Net Income per diluted share $4.60
Guidance: initiated
Result: reported results

Exact text from the filing

On February 28, 2024, TopBuild Corp., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the quarter ended December 31, 2023 (the “Press Release”).

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TopBuild Corp reported the fiscal year ended December 31, 2023 results: net income Net Income $614,254, EPS Net Income per diluted share $19.33. Guidance initiated.

Period: the fiscal year ended December 31, 2023
Net income: Net Income $614,254
EPS: Net Income per diluted share $19.33
Guidance: initiated
Result: reported results

Exact text from the filing

On February 28, 2024, TopBuild Corp., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the quarter ended December 31, 2023 (the “Press Release”).

View on SEC.gov

710 earnings releases filed in the last 30 days. Browse all earnings releases →

TopBuild Corp filing history →

Source: SEC EDGAR

accession 0001558370-24-001907

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.